UPDATE The original graphic we used above had been posted by Pelosi's office on 5/3/11, even though they had updated the graphic on 5/19/11. We had linked to the updated one, but had posted the older one here (which illustrates the same idea, though George W. Bush's increase to the debt was seen as 115% versus 86% in the update, and Barack Obama was responsible for increasing the debt by 16% versus 35% in the updated version, which is now posted above.) Thanks to longtime BRAD BLOG commenter Soul Rebel for catching the mistake!

1. Reagan knowingly sold weapons to terrorists and then lied endlessly about it.
2. Reagan provided amnesty for over two million undocumented immigrants with no strings attached.
3. Reagan invented the permanent national debt.
4. Reagan saddled the American people with the largest tax burden in the history of man because we will forever have to pay taxes to service his permanent national debt.

Frankly, if they were to do their homework objectively, Teabaggers and other Republicans would probably choose Obama, not Reagan, as their favorite president. But what're the chances of Republicans doing their homework?

Why post a chart that is so flawed? How do you compare 8 year terms, 4 year terms and 2 years of a term on one chart. It isn't logical. There are other charts out there that do a year by year comparison based on GDP. It gives a truer picture of the spending than this totally biased, inaccurate chart.

@Tuni . . . your premise is flawed . . . during a boom economy GDP increases, as does revenue . . . spending doesn't necessarily have to, though . . . are you then saying that Presidents, e.g., Reagan and Bush Lite, were entitled to spend more during the robust economic periods of their tenures?